Cosco Shipping Development continues share buyback program

COSCO SHIPPING Development Co., Ltd. announced that on March 13, 2025, it repurchased 500,900 A-shares on the Shanghai Stock Exchange (SSE). The shares were bought back at a price of RMB 2.31 per share, amounting to a total cost of RMB 1,157,097. The announcement confirms that the buyback complies with exchange regulations and previous disclosures, with the total number of issued shares totaling 9,899,938,612 after the buyback. The company stated that the repurchase was conducted in accordance with the relevant rules of the Shanghai Stock Exchange. The board of directors has authorized the buyback.